Sue Johnston, a mother of three in Cumming, Georgia, lost almost 78 pounds- and not only that, she earned $150 to boot, using one of the many online services that reward you with cash when you lose weight. Erin Wright, a mother of five in Center Valley, Arkansas, earned a whopping $800 and lost 69 pounds.

If you’re having trouble losing weight, you’re not alone. However, what if someone actually paid you to drop those pounds? Psychological studies have shown that subjects are highly likely to lose weight, and to lose more of it, if there is some money to sweeten the deal.

Enter social dieting

Sites like DietBet, Gym-Pact and Healthy Wage are proliferating across the ‘net and all employ some concept of social dieting. What’s social dieting? It’s where dieting is a group-focused rather than solitary activity. You lose weight with other people, be they your family members, friends or just random folks online. Through a combination of community support and some peer pressure, you end up more committed to losing weight in a set period of time. Oh, and then there’s the money: You bet a certain amount of your own cash, say $100, and if you achieve a defined weight loss goal, you make back your initial investment and then some.

There are no stipulations about how you lose weight. However, most of these weight loss betting sites do offers forums and other member communities where participants support each other in their weight loss goals.

Here’s what Sue had to say about her weight loss bet on Healthy Wage:

I was skeptical at first, but after thoroughly researching it, there just didn’t seem to be a downside. If I stayed on track, I’d win; it was that simple. The 10% weight loss over six months was both achievable and healthy. And who better to bet on than myself – right?

I had no intention of losing my initial $150 bet, so I jumped in with both feet and never looked back. On August first, I had surpassed my goal of 26.9 lbs. and lost 78 lbs. By August third, I had a $300 deposit in my PayPal account.

Since her Healthy Wage challenge, Sue has continued losing weight and, at this point in time, is down at least 124 lbs compared to when she initially started on her weight loss goal.

Erin Wright participated in two Healthy Wage challenges and said the following,

I started the 10% 6 month challenge and the 1 year BMI challenge on the same day. The 10% challenge was a $100 payout and the BMI challenge was a $300 payout. I think I lost 36 lbs the first 6 months and won $200. At the end of the year I had lost 69 lbs., with my BMI below 25, and won $1,000, for a net win of $800.

Diet Bet is another get paid to lose weight site where participants form betting pools. The amount of money that can be make back depends on the number of people in the pool; the bigger the pool, the bigger the pot of money that can be won. However, if the challenge is an easy one and there are several winners in the pool, the money won back is going to be little.

Amy Oztan of Selfish Mom tried DietBet for several weight loss bets. Here’s what she had to say about the program:

For the second and third DietBet I (and about 20 participants) put up $50. If I remember correctly, most of us on the second bet met our goals, so we each got our money back plus about twelve dollars and change. I did not win the third DietBet – I think I had to lose about 7.5 pounds, and I actually lost about five. The $50 was not enough of a risk to really matter on its own.

A better motivator was saving face with my friends. I knew everyone doing those DietBets, and I wanted to be accountable to them. However, I don’t think that *just* the friend angle would have done it either. It was both the money and saving face. Putting your money where your mouth is, I guess.

How do you find a legitimate weight loss betting site?

Given the testimonials I collected, it seemed to me that these weight loss betting sites seem legitimate. However, I did find a negative review about Healthy Wage that got me worried. To better understand what might be going on, I talked with Anna T. of Real Ways to Earn Money Online. She had this to say:

To determine whether or not a site is legit, you should carefully research its reputation. Most of the time when people have been ripped off, they are going to make some noise about it online. It’s a good idea to type in the company name followed by the word “scam” on Google or another search engine to see what results populate.

If you discover that the site has an overall positive online presence and that it’s been discussed favorably on reputable online magazine sites, blogs, or forums, that’s a good indicator that it’s not a scam.

I would also suggest doing a Whois search on the domain to try and find out who’s behind the site and when it was created. If you can find out who is behind the site, you can research that person through Google in the same manner that you researched the site itself.

What about staying honest?

It would be easy for anyone to say that he or she weighs 300 lbs. now and then “lose” a quick 150 lbs. in the space of 6 months (it just melted right off!). To maintain honesty, the aforementioned weight loss betting programs do require that you are officially weighed when you start and end your program. Official weights can be recorded in a doctor’s clinic, gym or your own home. DietBet, for example, has members take before and after photos of themselves standing on a scale in front of a full-length mirror.

For those of you with those smartphone things…

What if you’re on-the-go and would rather have your smartphone involved in your diet challenge? Guess what- there’s an app for that. And it’s called GymPact. This app works on iPhones and Android devices and has you invest a certain dollar amount up-front to guarantee that you will go a certain number of times to the gym, or eat healthy vegetables, or avoid junk food, etc. When you don’t keep to your resolutions, you have money deducted from your account. But if you maintain your resolutions, you make money.

So the only question that remains is…

Should I “put my money where my mouth is” and do a weight loss bet of my own? I could stand to lose a few pounds…

Please let me know in the comments below! And thanks for the feedback!

Join the Discussion

  • Amy A
    Amy A
    Reply

    I highly recommend HealthyWage and can say that it is totally legitimate and simple to use. I had over 115# to lose so I had the opportunity to make a big bet. I bet just under $2000 to lose the weight in 15 months. Paid the bet in monthly installments on my credit card so was regularly reminded of the commitment. I won over $6000!! The payout made our planned family trip to Jamaica practically free and I had a heck of a lot more fun in my smaller body. Did water slides and other activities with the kids that I couldn’t have done before. The results are priceless, but having money on the line is apparently what it took to get there.

  • Stephanie Hojan-Long
    Stephanie Hojan-Long
    Reply

    I have heard from a few people I’m too thin now. I’ve also heard they thought I was scammed. I am happy to report, thanks to my Healthy Wage Challenge giving me the kick in the butt I needed, I lost 33% of my body weight (75.5 lbs) in a year. I bet $50/month, paid up front all at once so I was “all in” and received my check for over $2100. It was an amazing experience and for someone who likes to gamble, I wasn’t going to let them keep my money plus who doesn’t love a good payout?! It was a lot of work, but the process through HW was easy to follow and the people I have been in contact with from the company have been great. Now they just need a maintenance weight challenge! I am a big advocate for them and if someone is questioning whether this is real or not, or if they can do this, I will happily comment/help. If you want to make sure you don’t lose your money, I say don’t do it unless you know you are 100% committed to yourself making changes. If not, you could lose your money. HW’s job is to make the bet; your job is to do the work and if you do it, they will pay you. It is very simplistic and if you keep it in those terms and show up to do “your job” – the money is yours! Love them, love the concept and will advocate them for people who are ready.

  • JLB
    JLB
    Reply

    I recently finished my Healthy Wage challenge and it proved to be very motivating for me. I “bet” $100 a month that I would lose 50 pounds in 8 months and exceeded my goal by a few pounds and made a profit of $1600 in the process. Their app and web site are user friendly and it’s easy to verify your beginning and ending weight.

  • GREG LINDSTROM
    GREG LINDSTROM
    Reply

    Like most overweight people I woke up almost every day convinced that I was finally going to lose the weight. Sometimes that conviction only lasted 10 minutes, and sometimes I’d make it a few days, but inevitably I’d give up. Healthywage.com was exactly what I needed. My bet was $100 a month for 10 months with a goal of losing 150 pounds. Happy to say I just recently met my goal with about 2 weeks to spare, and my check from healtywage.com for over $3200 should be arriving shortly! Along the way I completed several mini-challenges to lose 6% of my body weight in 12 weeks. This helped break up the 150 lbs into more manageable chunks. And while I definitely had a few slips along the way, the ever present incentive of not only losing the money I had bet, but not winning the payout at the end kept me from falling into my old bad habits for more than a day or two. Would highly recommend this site to anyone who believes this might be the motivation they need!

  • Carisa Willard
    Carisa Willard
    Reply

    I finished my HealthyWage challenge last month and won! I bet $100 a month to lose 50 pounds in six months. I have lost a total of 66 pounds total so far. I first heard about HealthyWage through my employer and did not sign up right away. It was about a month later that I decided to invest in myself and my health. I weighed in 5 days before my challenge was complete and was verified shortly after that. I requested my payout of $1900 and have received my check. I’m so happy that I did it and feel amazing. Winning money was the “icing on the cake”. I recommend HealthyWage to anyone wanting to get healthy and get paid while you’re at it. The app was really easy to use and I like the chat platform to communicate with other HealthyWagers.

  • Paige Tremblay
    Paige Tremblay
    Reply

    I had tried so many programs and failed. It wasn’t that they didn’t work, the missing element was MOTIVATION. I wanted to lose weight but the true motivation just wasn’t there. I then came across Healthy Wage. I immediately became excited as I wanted to go to a convention in Las Vegas but didn’t have the money, so now I had huge motivation!! I was skeptical, did some research, then took the plunge. I chose to wager 68 pounds in 8 months. I wagered $800. I did it!! I actually ended up losing 70lbs in 7 1/2 months. Yes I did get my check $2609!! I kept $20 in my Healthy Wage account to do another small wager in a couple of weeks. I feel fantastic, healthier, and I’m going to Vegas in June…WOOHOO!!

  • Lori B.
    Lori B.
    Reply

    I love HealthyWage!!! I found the site while I was already a couple of months into my weight loss journey and I did tons of research. I really couldn’t find anything bad about it. I had no idea there were sites out there to pay you to lose weight. I decided to play with the calculator and chose my goal of 47 lbs in 7 months. I bet $200 on myself each month and considered it a savings plan because I was determined to win. Well, I won! I did my final weigh in on 3/20/18, a full 8 days earlier than my cut off date. By 3/21, I was confirmed and requested my payout. Easy peasy! Not only did I receive my $1400 back that I invested, I made and additional $1410. I say that’s a pretty great deal to look and feel so much better. It’s a great site and if you are money motivated, it’s a great way to make some money for doing what you already want to do!

  • Kristen
    Kristen
    Reply

    You just never know if this stuff is real. I did my first Healthy Wage calculator in November of 2016, but I didn’t sign up right away. I lurked and read reviews. This was too good to be true right? I have always been a competitive person, and motivated by money, so I finally took the step and signed up when I got an email from Healthy Wage that they would tack on an additional $100 when I reached my goal if I would sign up. I signed on 9/21/2017 for $80 a month. In 6 months time I am down over 40lbs (my wager was 40lbs in 6 months) and I weighed out on 3/12/18. In addition to weighing in (unverified) weekly so HW could track my progress, I utilized their message board and an unofficial FB page for peer support. I am healthier and received a check for $1300.00 to boot! It’s very real, and I am so happy I followed through and used money as the motivating factor to win while losing weight!

  • Kathryn Rice
    Kathryn Rice
    Reply

    I am so glad I found HealthyWage. It was a great motivation to stick to my goal. I bet $50/month for 7 months to lose 50 pounds. I won and my profit was $1000. It was so easy. Just make sure your thoroughly read and understand the rules and FAQs before you sign up. The only people that complain are those that lose because the didn’t understand what they were signing up for. Definitely NOT a scam!

  • Jessica
    Jessica
    Reply

    I tried healthywage, and my husband and I did research on a few different online weight loss bet programs. We saw a video on healthywage that made it to good morning America! We thought it looked legit, and there seemed to be no bad word of mouth on their program. I signed up and bet $100/month for 7 months, that I’d lose 65lbs. I did it!! I posted my results on feb 27, and they reviewed it all… and BAM! I got all my money back plus the $1600 earned (it was a little more, but I’m from Canada, so the exchange threw me off!)
    ! I didn’t believe it until the money was actually in my hands!! It was the best thing! They totally came through! I bet on myself, and it was the best incentive! Healthywage was awesome!!

  • Jane
    Jane
    Reply

    I just completed my HealthyWage bet. I lost 50 lbs in 6 months. I bet $100 per month and received $1933 payout. I would highly recommend HealthyWage. The verified weigh-ins at the beginning and end of the challenge were very easy to do using the HealthyWage app on my phone. I might have had doubts about this program if it hadn’t been suggested to me by Tony Horton of P90X and Beachbody fame. I knew if Tony recommended it it had to be legit.

  • Christine Nesbitt
    Christine Nesbitt
    Reply

    Would definitely recommend HealthyWage to lose weight. I bet 25 a month for 10 months to lose 80 pounds. I made my bet and won 1053 dollars. Verification of weight using the app was super easy and didn’t have any issues!!!

  • Stephanie
    Stephanie
    Reply

    Just finished a 8 month bet with myself and won $2,000 in the process. Healthy Wage kept me on track by knowing I would lose $900 if I lost. Well I’m 85lbs down total (70lbs for the bet) and $2,905 richer. The verified weigh in and weigh out was easy if you just use the app to do the recording and I was verified and paid way quicker than expected. I like that they gave me a 2 day to 2 week window. I was expecting 2 weeks because of the amount of money, nope. 2 days. Easy peasey – Got some bills paid a some new backpacking gear bought. Love it! Thanks Healthy wage, yall really kept the fire lit under my butt.

  • Sharon Nasworthy
    Sharon Nasworthy
    Reply

    I just finished a HealthyWage and I can verify…it is NOT A SCAM!! I won $2900 by sticking to a healthier lifestyle and was paid via pay pal within 48 hours. It is not difficult to be successful if you set a goal that you can follow through with and want it bad enough!
    I lost weight for my wedding, and my self and then use used the money for our honeymoon! Perfect. I strongly encourage anyone wanting to lose weight to try!

  • sharron
    sharron
    Reply

    i would like to know about taxes. i thought to do a 50 a month bet for 7 months but am wondering when tbey do the payout , is thw money i put in returned to me with winnings taxed and at what rate is it taxed?

    • Tracie-CPA
      Tracie-CPA

      I’m a CPA. They will probably send you a 1099MISC showing the amount of winnings as “other income”. It is taxable at your normal income tax rate. You would put this income on line 21 of your 1040.

    • Kari
      Kari

      They send you a 1099MISC form for anything over $600 for you to claim. So, it is taxed if your winnings are $600 or more, but taxed when you figure your taxes, not upfront.

  • Mat E.
    Mat E.
    Reply

    This program gave my wife and I that little extra motivation we needed. Here we are now, 130 lbs lighter in our clothes and 2k heavier in our wallets.

    Amazing what putting your money where your mouth is will do to your psyche!

    FIVE STARS!!!!!

  • Mykeerah
    Mykeerah
    Reply

    I just completed a Healthy Wager. I bet $50/month that I would lose 75 pounds over a year and a half. I was definitely skeptical and did a lot of research. My advice is to read the rules very carefully. I was told after my final weigh out, completed by my doctor’s office, that I had missed the requirement of a video weigh out and had to do a second verification. I did a video submission and received my $2,900 check less than a week later. That’s a profit of $2,000 JUST FOR LOSING WEIGHT! I recommend doing this challenge as the most you have to lose is weight, but you can gain so much, besides the money. Things that don’t have a price tag, like your health and self confidence. I’m looking forward to doing another Healthy Wager to lose this last 40 pounds!

    • Steve Razinski
      Steve RazinskiFounder

      That is amazing Mykeerah! Not only did you lose an impressive amount of weight, but that $2000 on top of it has to feel great! This is one of the best success stories we’ve heard yet. Congratulations!

  • Ricardo
    Ricardo
    Reply

    Why am I’m going to have to pay double taxes on my own money? I stand to get $1770 for my winnings however, I paid almost $800.00 of my own money that has been taxed by uncle sam. I verified my weight but now I think healthywage is planning on waiting to tell me they need another verified weight down the road in hopes I gain more weight. I’m wondering if this healthy wage is a scam. I bet they wait until 2 weeks to ask me for another verified weight. I’m wondering if I should get an attorney involved. I’m willing to get a second weight in but I don’t want to wait for two weeks. Maybe in 2 days but not in two weeks. This healthywage is starting to get me worried.

    • LJ Evans
      LJ Evans

      Ricardo, I want to know what the outcome was for you! I’m nearing the end of my challenge and I really can’t AFFORD to lose that money. I look at the money I’ve given them as a forced savings plan, and of course I sure as heck don’t want to lose that. So please tell me you got paid!

  • HealthyWage
    HealthyWage
    Reply

    Hi Halina,

    Thanks for profiling HealthyWage. We’re always proud when participants like Sue and Erin, who both won HealthyWage prizes, get to tell people about their experiences!

    We wanted to address your tips for avoiding scams. Here at HealthyWage, we understand the dieting and finance industry can be lined with fraudulent claims, and we want to assure your readers we’re serious about running the most fun and fair weight loss challenges out there. We actually ask ourselves the same questions that hesitant participants might ask: Is HealthyWage a Scam? The short answer is no. The detailed answer is here: https://www.healthywage.com/info/is-healthywage-a-scam/

    For readers who still have questions, don’t hesitate to contact us at 1-888-636-3832.

    • Buck Foss
      Buck Foss

      I was morbidly obese (100 pounds overweight). My doctor had told me if I didn’t lose weight, I would probably be dead in 5 years (I was 52 at the time). I did HealthyWage for 6 months with a goal of losing 45 pounds and a “bet” of $1200. That kept me motivated. On my birthday, I collected $1920, and was down 60 pounds. I did it for the money and realized early in that it really was saving my life. I’m 25 pounds now from my goal of 100 pounds down and happier than I can imagine.

  • Dom Wells
    Dom Wells
    Reply

    Lose pounds and gain dollars! Sounds like a win-win to me! Go for it.

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